Compared to a year earlier, Tesla's profit decreased in the fourth quarter last year, but increased its non-recurring items.
Tesla's after-tax profit for the three months ended December December was $ 105 million, down 56 cents a share from $ 140 million a year earlier and 78 cents a year ago.
In the meantime, earnings per share, excluding the one-off items preferred by experts, rose from $ 2 to $ 2.14. Tesla's quarterly revenue rose 2 percent to $ 7,384 billion from $ 7,226 billion a year earlier. Experts predicted lower quarterly revenue of $ 7.02 billion.
Last year, Tesla sold 367,500 cars, about 50 percent more than a year earlier, meeting its target of 360-400,000 by 2019. Tesla handed over 112,000 cars to dealers in the last three months of last year, 23 percent more than a year earlier.
Tesla estimates that it will ship 36 percent more this year than last year, to about 500,000 cars.
(Source: vadess.hu / Photo: pixabay.com)